Business

Finance minister claims the move is legal and was a norm for previous govts.

Management has built the company with its own resources, over 40 long years.

State Bank now seeking to contain the damage from the finance ministry’s profligacy.

Businesses get concessions in the budget, including a cut in corporate tax rate.

Claim region’s industries will suffer greatly.

Amanat Islamic Fund is an Islamic open-end asset allocation and investment fund.

Overseas Pakistani workers have so far remitted $9.234 billion in the ongoing fiscal year.

Bengali suggests tax should be imposed on 700,000 affluent.

Dar says summary proposing remedial measures should be sent to PM.

Benchmark KSE-100 index dives 216 points as oil, banking stocks dip.

Statistics bureau and Suparco have different crop figures.

On the contrary, tax burden on salaried, non-corporate business classes has risen substantially.

Seminar details advantages for exporters to reap benefits.

The solar plant produces 12KW of energy per day.

Says if ministers fail to achieve targets within 90 days, they may face sacking .

Experts gather at seminar to scrutinise previous mistakes and future options.

Economic survey suggests additions in gas supply diverted to industries.

“Recent developments have regrettably compelled TCC to withdraw the request for specific performance,” says...

IMF team to review the country’s ability to pay back previous loans.

Decision to allow duty-free imports of hybrid cars irks manufacturers.

Index gains 433 points after aggressive buying in blue chips.

Instead, company will rely on public-private partnership to return to profitability.

Issues 189 notices to companies found violating procedures.

However, Pakistan’s weight in Frontier Market Index will go up as UAE, Qatar exit.

Budgets $5.7b, 137% higher, in external loans and aid for the fiscal year 2013-14.

Notices sent to the attorney general and OGRA officials.

Claim it will pose additional burden on the poor.

Finance minister has presented a pro-market budget, but its macroeconomic framework will be a hard sell for the IFIs.

Karachi Stock Exchange’s benchmark 100-share index gained 1.94% or 433.15 points to end at 22,757.72 point level.

Officially announces commitment to project; expects first flow of gas by end of 2014.

Ishaq Dar appears to have left the drafting of the tax policy to the bureaucrats at the FBR.

Led by oil and energy stocks, benchmark KSE-100 index gains 116 points.

Rs540b will be spent on development to spur economic activity.

Allocation is far lower than the amount doled out in outgoing year.

ADB will provide most of the funds for these plants.

Govt hopes to increase tax-to-GDP ratio to at least 9.7%.

Power generation outstripped by increasing demand.

Businessmen highlight progress made in economic ties.

The branch is located at Jhang Road, Faisalabad.

Ministry asked to take steps to recover unpaid bills.

Lays out solutions to energy woes in a comprehensive report.

Growth slowed to even less than what was recorded last year.

Sector grew by a healthy 4.26% during July 2012-March 2013.

Amount higher than what the country has received under the Kerry-Lugar aid package.

Government borrowing to breach 60% of GDP limit set by parliament.

Benchmark KSE-100 index adds 58 points.

The move to stop gas supply has been taken to improve recovery from consumers.

Industrialists advise govt to reduce yearly holidays in the face of loadshedding.

Profession tainted in the aftermath of 2008 crisis is witnessing revival.

Sector’s ability to pass on price increases to consumers is a major growth driver.